Tag: multifamily

The Rotenberg Companies Set to Open The Luxe Apartments at Ridgedale in Minnetonka, Minnesota in May 2020

MINNETONKA, MN – Set to open in May, The Rotenberg Companies introduced The Luxe, Apartments at Ridgedale, located at 12501 Ridgedale Drive in Minnetonka and is beautifully situated directly across from the Ridgedale Mall. The Luxe features spacious one+ and two+ bedroom, ultra-luxury apartments, where residents can enjoy exclusive access to over 16,000 square feet…
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Pending Home Sales Ascend 5.2% in January

The West reported a minor drop in month-over-month contract activity, while the other three major regions each saw pending home sales grow. Year-over-year pending home sales activity was up in all four regions.

Interfaith Housing Development Celebrates the Groundbreaking of New Affordable Housing Community in Chicago Suburb

CHICAGO, IL – Interfaith Housing Development Corporation (IHDC), announced the groundbreaking of its latest housing development, Fifth Avenue Apartments, providing 72 new affordable housing units in the Village of Maywood, a western suburb of Chicago. The development has been made possible thanks to four major financial partners along with an energy efficiency grant from ComEd.…
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Racial Disparities Persist on Path to Homeownership

While the overall U.S. homeownership rate has been rising, it’s not equal among all races.

Starwood Real Estate Income Trust Acquires Multifamily Affordable Housing Portfolio in Southeastern United States

MIAMI, FL – Starwood Real Estate Income Trust, a non-traded REIT managed by Starwood Capital Group, announced the acquisition of a stabilized Southeast Affordable Housing Portfolio with 3,336 units located in 18 communities. With this acquisition, controlled affiliates of Starwood Capital own approximately 24,000 affordable housing units across the country, collectively making the Starwood entities…
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January 2020 Existing-Home Sales

Housing market activity this January declined 1.3% from December 2019, but January’s sales of existing homes improved 9.6 % from January 2019.

Minority Homeownership Rates Continue to Lag Behind the National Average, NAR Finds

While the increase in the overall homeownership rate is encouraging, there continues to be a significant racial homeownership gap in America that needs to be addressed.

Bela Flor Introduces Smart-Tech Luxury Apartment Home Community Featuring 236 Tesla Capable Charging Ports

MESA, AZ – Local real estate developer, Bela Flor Communities, announced Bella Victoria, a smart-tech, luxury apartment home community located at 1350 S. Ellsworth Road in Mesa, Arizona, a 2019 WalletHub top-ten city. Each of the 236 units has a private, direct-access garage and a dedicated 220-volt circuit to charge electric vehicles from Tesla, Porsche,…
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Data is the Key to any Successful Multifamily Relationship

As the technology revolution reshapes the multifamily landscape—and that of virtually every other industry, as well—one old-school concept remains intact: Information is power. Twenty years into the new decade, that concept contains a bit of a twist. The majority of relevant and potentially game-changing information comes in the form of data, so it’s not only…
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Successfully Recruiting In The Current Job Market

  The main challenges for recruiters and hiring managers are residing in answering these two questions:   How do I build a strong pipeline of qualified candidates? What should I do to beat the competition and secure a great candidate?   Building a Great Candidate Pipeline There are multiple ways to advertise your openings in…
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